Insights

CONFIDIO NAMED TO INC. 5000 LIST

Pharmacy benefits consulting firm ranks among the top 10 fastest growing companies in the healthcare sector.

Inc. Magazine announced that Confidio has been named to the coveted Inc. 5000 List of Fastest Growing U.S. Companies for 2019. Confidio scored a ranking of number 81 overall and number 10 within the healthcare sector. All companies were ranked according to percentage revenue growth from 2015 to 2018.

”As an Inc. 5000 honoree, Confidio now shares a pedigree with Intuit, Zappos, Under Armour, Microsoft, GoPro, Timberland, Clif Bar, Patagonia, Oracle, Box, Grubhub, and dozens of other alumni that have gone on to become household names,” said James Ledbetter, editor in chief, Inc. Media, in announcing Confidio’s ranking. He said ranked companies experienced an average six-fold growth rate since 2015 compared to an economy growing at roughly 12 percent over the same period. “[T]hat’s a result most businesses can only dream of,” he added.

Confidio offers pharmacy consulting, procurement and audit services aimed at reducing pharmacy benefit costs and improving health outcomes for employee populations. In reacting to the Inc. 5000 news, the firm’s co-founder Cory Easton said, “This recognition really belongs to our trusted partners within the industry and to our incredible team members who have worked so hard to achieve our clients’ goals, including improved plan efficiencies and healthier workforces all across the country.”

Easton’s partner and consultancy co-founder Scott Vogel added, “Our team’s depth of experience in serving the benefit advisor marketplace coupled with our expertise in addressing the needs of the largest plan sponsors in the U.S., using proprietary analytics, have advanced our growth significantly. But even we were surprised to achieve such a high ranking by Inc. We are humbled by our clients’ trust in us and extremely proud of our skilled team of advisors.”

To qualify for the Inc. 5000 List, companies were required to be U.S.-based, privately held, for-profit, and independent (not subsidiaries or divisions of other companies), as of December 31, 2018. This is Inc. Magazine’s 37th annual ranking of the fastest growing innovators in the United States. A gala awards celebration will be held in Phoenix this October to recognize all honorees.

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